FDI spillovers at regional level : evidence from Portugal

Detalhes bibliográficos
Autor(a) principal: Crespo, Nuno
Data de Publicação: 2009
Outros Autores: Fontoura, Maria Paula, Proença, Isabel
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Texto Completo: http://hdl.handle.net/10400.5/26243
Resumo: This paper aims to establish whether geographical proximity between multinational and domestic firms is relevant to the occurrence of FDI spillovers, by considering both horizontal and vertical spillovers. Using data for Portugal, this hypothesis is confirmed. In the case of horizontal externalities, the impact is negative, probably due to the competition effect. Concerning vertical externalities, a positive impact through backward linkages is observed. Additionally, omission of the regional dimension provokes a bias on the estimation of the intra-sectoral effect at the national level. These results raise important implications for the economic policies aiming to attract FDI and promote regional development.
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spelling FDI spillovers at regional level : evidence from PortugalVertical SpilloversHorizontal SpilloversMultinational FirmsProductivityForeign Direct Investment (FDI)Spillovers verticalesSpillovers horizontalesEmpresas multinacionalesProductividadIED (FDI)This paper aims to establish whether geographical proximity between multinational and domestic firms is relevant to the occurrence of FDI spillovers, by considering both horizontal and vertical spillovers. Using data for Portugal, this hypothesis is confirmed. In the case of horizontal externalities, the impact is negative, probably due to the competition effect. Concerning vertical externalities, a positive impact through backward linkages is observed. Additionally, omission of the regional dimension provokes a bias on the estimation of the intra-sectoral effect at the national level. These results raise important implications for the economic policies aiming to attract FDI and promote regional development.Este artículo pretende establecer si la proximidad geográfica entre empresas multinacionales y domésticas es relevante para la existencia de spillovers de IED, considerando spillovers horizontales y verticales. Utilizando datos de Portugal, se confirma esta hipótesis. En el caso de externalidades horizontales, el impacto es negativo, probablemente debido al efecto de la competencia. Respecto a externalidades verticales, se observa un impacto positivo mediante vínculos hacia detrás. Adicionalmente, la omisión de la dimensión regional provoca un sesgo en la estimación del efecto intrasectorial a escala nacional. Estos resultados suscitan implicaciones importantes para las políticas económicas que pretendan atraer IED y fomentar el desarrollo regional.Blackwell Publishing LtdRepositório da Universidade de LisboaCrespo, NunoFontoura, Maria PaulaProença, Isabel2022-11-25T18:15:39Z20092009-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/26243engCrespo, Nuno; Maria Paula Fontoura and Isabel Proença .(2009). “FDI spillovers at regional level : evidence from Portugal”. Regional Science, Volume 88, Number 3: pp. 592-60810.1111/j.1435-5957.2009.00225.xinfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-03-17T16:20:49Zoai:repositorio.ulisboa.pt:10400.5/26243Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T04:10:54.911633Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv FDI spillovers at regional level : evidence from Portugal
title FDI spillovers at regional level : evidence from Portugal
spellingShingle FDI spillovers at regional level : evidence from Portugal
Crespo, Nuno
Vertical Spillovers
Horizontal Spillovers
Multinational Firms
Productivity
Foreign Direct Investment (FDI)
Spillovers verticales
Spillovers horizontales
Empresas multinacionales
Productividad
IED (FDI)
title_short FDI spillovers at regional level : evidence from Portugal
title_full FDI spillovers at regional level : evidence from Portugal
title_fullStr FDI spillovers at regional level : evidence from Portugal
title_full_unstemmed FDI spillovers at regional level : evidence from Portugal
title_sort FDI spillovers at regional level : evidence from Portugal
author Crespo, Nuno
author_facet Crespo, Nuno
Fontoura, Maria Paula
Proença, Isabel
author_role author
author2 Fontoura, Maria Paula
Proença, Isabel
author2_role author
author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Crespo, Nuno
Fontoura, Maria Paula
Proença, Isabel
dc.subject.por.fl_str_mv Vertical Spillovers
Horizontal Spillovers
Multinational Firms
Productivity
Foreign Direct Investment (FDI)
Spillovers verticales
Spillovers horizontales
Empresas multinacionales
Productividad
IED (FDI)
topic Vertical Spillovers
Horizontal Spillovers
Multinational Firms
Productivity
Foreign Direct Investment (FDI)
Spillovers verticales
Spillovers horizontales
Empresas multinacionales
Productividad
IED (FDI)
description This paper aims to establish whether geographical proximity between multinational and domestic firms is relevant to the occurrence of FDI spillovers, by considering both horizontal and vertical spillovers. Using data for Portugal, this hypothesis is confirmed. In the case of horizontal externalities, the impact is negative, probably due to the competition effect. Concerning vertical externalities, a positive impact through backward linkages is observed. Additionally, omission of the regional dimension provokes a bias on the estimation of the intra-sectoral effect at the national level. These results raise important implications for the economic policies aiming to attract FDI and promote regional development.
publishDate 2009
dc.date.none.fl_str_mv 2009
2009-01-01T00:00:00Z
2022-11-25T18:15:39Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/26243
url http://hdl.handle.net/10400.5/26243
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Crespo, Nuno; Maria Paula Fontoura and Isabel Proença .(2009). “FDI spillovers at regional level : evidence from Portugal”. Regional Science, Volume 88, Number 3: pp. 592-608
10.1111/j.1435-5957.2009.00225.x
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Blackwell Publishing Ltd
publisher.none.fl_str_mv Blackwell Publishing Ltd
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron_str RCAAP
institution RCAAP
reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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